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About
Udemy is an online learning platform that connects instructors with students, offering a wide variety of courses on subjects like programming, marketing, data science, business, IT, design, and personal development. The platform allows instructors to create and publish their courses, which students can purchase and access at their own pace. Udemy's marketplace model provides the necessary tools for instructors to develop content while managing marketing and customer support. Unlike many competitors, Udemy has a vast selection of over 155,000 courses and caters to a diverse audience, including individuals and professionals seeking skill enhancement. The goal of Udemy is to provide flexible and accessible education to learners worldwide.
Company Stage
IPO
Employees
5,001-10,000
Industries
Consumer Software, Education
Total Funding
$265.6M
Headquarters
N/A
Founded
2010
Simplify's Take
What believers are saying
- Udemy's continuous innovation, such as the launch of GenAI features, positions it at the forefront of the e-learning industry.
- Strategic partnerships with companies like AWS enhance Udemy's credibility and expand its course offerings, attracting more students and professionals.
- Significant investments from firms like Pathway Capital Management and Federated Hermes indicate strong financial backing and growth potential.
What critics are saying
- The highly competitive e-learning market requires Udemy to constantly innovate to maintain its market position.
- Dependence on course sales and promotional deals may lead to revenue fluctuations and financial instability.
What makes Udemy unique
- Udemy's marketplace model allows for a vast and diverse range of courses, unlike competitors who may focus on specific niches or curated content.
- The platform's collaboration with industry giants like AWS to offer cutting-edge courses, such as generative AI, sets it apart in the e-learning space.
- Udemy's flexibility in learning pace and extensive promotional deals make it highly accessible and attractive to a broad audience.
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6 month growth
↑ 2%1 year growth
↑ 11%2 year growth
↑ 17%Benefits
Global benefits - Our many benefits, equity, and time-off programs are made-to-fit for each of our international locations.
Charitable matching - Help a cause that matters to you. We match monetary contributions up to a certain annual limit for eligible nonprofits and charities.
Learning incentives - Get free access to Udemy and Udemy Business courses plus a yearly stipend to spend on your professional development.
UBelong program - We prioritize Diversity and Inclusion through events, trainings, and meet-ups facilitated by our many Employee Resource Groups.
Learning programs - Our amazing Learning and Development team regularly provides top-notch training sessions and company-wide learning initiatives.
Guest speakers - We believe in diversity of perspective and regularly host speakers from a variety of industries and backgrounds.
Brain food - When in the office employees can enjoy snacks for all dietary preferences and restrictions.
Company events - Enjoy company celebrations, wellness events, and fun extracurriculars like yoga, cooking classes, karaoke, and more.
Well-being memberships - Stay zen with free access to the entire Headspace library. Plus, get free coaching and therapy sessions through Modern Health.
Groups and clubs - Connect with others who share your interests. We have dozens of groups, including Women at Udemy and Culture Crew.
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